Another round of EIP’s will be starting July 2021. Half of this round will be dispersed on a monthly basis over 6 months with the remainder as a e 2021 tax credit for a total of $3,600 for children under 6 and $3,000 for children 6-17 (per child).
Dependents who are 18 and those between 19-24 who are FT college students will receive $500 (one time).
The phrase “you’ve got to be kidding me” rolls repeatedly through my head. The goal is obvious – create a generation of young adults who are dependent on the government.
Detailed info can be found at: CNET – Tax Credit for Children